29 October 2020 | 9:00 AM CST | 3:00 PM CET | Regional Event (US)

Carbon: U.S. Farmers’ Newest Crop

Through its carbon pilot initiative, Bayer has taken steps to make carbon sequestration the newest revenue opportunity for U.S. farmers, rewarding them for adopting climate-smart practices like cover crops, no-till or strip-till. In this regional event, hear from the team at Bayer who has spearheaded this industry-leading initiative in the United States, and a farmer who is exploring this new revenue stream on his U.S. farm. 




  • Darren Wallis: Welcome
  • Lisa Safarian: Innovation in Action: Cultivating Farmer Opportunity
  • Leo Bastos: Bayer’s Vision for the Carbon Marketplace
  • Chad Bilby: A View from the Field: Building This Together
  • Andy Knepp and Jason Lay: Conversation with a Farmer-Participant
  • Q&A: Leo Bastos, Chad Bilby, Andy Knepp, Jeffrey Seale, and Jason Lay, moderated by Darren Wallis






Leo Bastos

Leo Bastos is the top driver of Carbon Business Models at Bayer, having been appointed to Lisa Safarian’s North American Leadership Team as Vice President and Head of Carbon Business Modeling. After spending nearly a decade in fast-moving consumer goods and management consulting firms, Leo has been working in the life sciences and agriculture industry for the last 12 years, aiming to help farmers grow crops more sustainably. Leo is passionate about sustainable innovation and enhanced decision making through data and insights. Those are his areas of focus in his current role as Vice President and Head of Carbon Business Models at Bayer Crop Science.


Chad Bilby

Chad Bilby recently joined Bayer Crop Science as the North America Commercial Experimentation Lead, following various roles at The Climate Corporation for the past six years. Chad began his career as a research biologist at Monsanto, and today leads Bayer’s pilot programs in carbon sequestration and outcome-based pricing. 


Andy Knepp

Andy Knepp leads the Environmental Strategy and Advocacy team for the Crop Science division of Bayer, focusing on advocacy for modern agricultural innovations and demonstrating how technology can reduce agriculture’s impact on the environment. This effort extends globally through relationships and collaborative projects with grower associations, food-value-chain companies, NGOs and intergovernmental agencies. Previously, he held various roles in field sustainability, technology and product development and agronomic support at Monsanto.


Jason Lay

Jason Lay is the third generation to farm his family’s 2,650-acre farm in Bloomington-Normal, Illinois. The Lay farm grows a rotation of corn and soybeans. For the last nine years, Jason has utilized strip tillage for his corn acres. He added no-till on soybeans in 2011. Jason also has added cover crops to his practices, primarily using rye grass, and occasionally oats and crimson clover. Currently, he has 200 acres in cover crops. Increased soil and stalk nitrate level testing is one of the biggest improvements Jason has made in his farming practices. He plans to farm for years to come and believes he can help bring change in the industry by adopting new practices and setting an example for others to follow.


Lisa Safarian

Lisa Safarian is responsible for the North American commercial performance of Crop Science, a division of Bayer. This consists of sales, marketing, market development and product supply for row crops, specialty crops and horticulture, including seeds, traits and crop protection in the United States and Canada. Before assuming this key leadership role when Bayer acquired Monsanto in 2018, Ms. Safarian served as Vice President, North America, for Monsanto and held a variety of other positions in her more than 30 years with that company.


Jeff Seale

Jeffrey Seale is the Director of Climate Policy & Strategy and Science Fellow at Bayer Crop Science. Having worked in the fields of biochemistry and biophysics for more than 25 years, Jeff has used his expertise to help develop innovations that improve the sustainability of agricultural systems. Currently, he is working to develop market solutions and policy frameworks to accelerate the removal of greenhouse gas emissions in agriculture. Jeff has been a key player behind the scenes in building a carbon marketplace for farmers and the food chain. 


Darren Wallis

Darren Wallis is the North American Vice President of Communications for Bayer’s Crop Science Division. He has more than 20 years of experience in strategic communications. Darren leads all United States internal and external corporate communication activities including corporate reputation, media relations, employee communications, digital communication and issues management. He is based at the North American headquarters in St. Louis, Missouri. He also has oversight of communications in Canada. Darren graduated from the University of Missouri-Columbia and grew up on a grain and beef farm in Southeast Missouri that his family still owns and farms today.